Goldman Exits ETF Market Making, Leaves You In Capable Hands Of “Lesser-Known” Firms

Goldman Exits ETF Market Making, Leaves You In Capable Hands Of “Lesser-Known” Firms

Ok, well this is notable. Goldman is getting out of ETF market making. I don't want to try and spin this too much, because depending on which side of the argument you're on, you can interpret this story any number of ways. But the facts are as follows from Reuters: Goldman is pulling back substantially from trading that helps backstop the fast-growing use of U.S. exchange-traded funds. Goldman has told fund providers it is scaling back its role as a top lead market maker for ETFs and has a
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